Help & How-To

Finance & Accounting
Should I use a W-9 document when obtaining a new business client?
I run a small IT/computer maintenance and repair business. I am now attempting to gain business clients and I was wondering, do I need to fill out a W-9 form for my business clients' payments or do I just have them pay me as my residential clients do?

Asked by kenmason
Posted: Thursday, March 06, 2008  |  Found in Finance & Accounting


More answers by Pam Newman
Answer by Pam Newman
The W9 form is for the protection of the business when they are paying a subcontractor for services. It enables them to 1099 that subcontractor if services are greater then $600 in a calendar year and the subcontractor is not incorporated.
Pam Newman is a Certified Management Accountant, author and Certified QuickBooks ProAdvisor for Financial and Point-of-Sale software. She is also president of RPPC, Inc., which provides customized business development services.


Recent Articles & Resources
We've gathered content from some of the best resources on the web. Find tips to help you run a successful business with this collection of videos, articles, expert blogs, and more.
Building and maximizing your network
Use this worksheet to identify the people you want to connect with, where and how to find them and how to make sure you’re spending your valuable

Assessing customer profitability
It’s a standard business adage that it is easier (and less expensive) to sell to a current customer than to acquire a new one. Determining which of

Pitching your business
Whether you are making a sales presentation, seeking financing, networking at an event, or even just chatting with a neighbor, you need to have your

Marketing your business on search engines
To get the results you want from your search engine programs, it helps to learn about how search engines work. Once you’re comfortable with search

Improve your personal networking skills
6 LESSONS Networking is the art of making personal connections. Whether you're an extrovert or an introvert, networking is a powerful way to operate
Have a burning question? Ask now!